What is the meaning of an "in the money call option"?
A) A call option is in-the-money when the market price means that it will expire un-exercised.
B) A call option is in-the-money if the market price of the share equals the exercise price.
C) A call option is in-the-money if the market price of the share is less than the exercise price.
D) A call option is in-the-money if the market price of the share exceeds the exercise price.
Correct Answer:
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